Breaking 13:00 Trump returns from China with stability and strategic stalemate 12:45 Jeanine Hennis-Plasschaert appointed head of United Nations safety and security 12:30 Middle East conflict triggers diet Coke shortage in India 12:15 Palestinian flag unfurled on the Eiffel Tower, six people detained 12:00 The “Ninjas” who swap out Eurovision Song Contest sets in 48 seconds 11:48 African nations seek financing alternatives as Iran war fuels inflation surge 11:45 Ukraine says it received bodies of 528 fallen soldiers from Russia 11:39 Mercedes benz chief signals readiness for defense production shift 11:30 Over 500 candidates elected unopposed ahead of South Korea local elections 11:23 Musk backs orbital data centers as AI energy warnings grow 11:15 Latvian President holds coalition talks after prime minister resigns 11:08 Subaru delays electric vehicle rollout and shifts to hybrids 11:03 Authentic Monet painting labeled as AI fools online critics 11:00 Dutch government plans to vaccinate laying hens against bird flu 10:55 OpenAI seals deal in Malta to give all Maltese access to ChatGPT Plus 10:50 Webook.com sells 35,000 match tickets in under two hours, setting an African record 10:45 Raï: Nations are not preserved by arms 10:33 Marrakech Comedy Festival unveils its first edition lineup celebrating emerging comic talent 10:30 Samsung Electronics and Union to resume wage talks amid labor tensions in South Korea 10:19 Morocco's Saïdia hosts fourth international beach rugby tournament with historic women's debut 10:15 French health authorities say no evidence of new Hantavirus variant 10:10 Lamacom launches Trineo, a Morocco-made cookware line built on triple-layer steel 10:00 Head of Harvard’s endowment plans retirement, reports say 09:56 Morocco strengthens role in global forest governance talks 09:45 NextEra and Dominion discuss major merger to create energy Giant in the United States 09:42 Casablanca fashion show gains global recognition in 2026 edition 09:32 Morocco and Syria restore ties amid Sahara regional realignment 09:30 Japanese restaurants face labor shortages after foreign worker visa freeze 09:15 Islamic State Leader killed in joint U.S.-Nigeria operation, Trump says 09:13 CNDH engages youth in debate on death penalty abolition in Morocco 09:00 Vladimir Putin to visit China days after Donald Trump’s trip 08:51 French court gives Saad Lamjarred a second rape conviction 08:45 Man in critical condition after shark attack in Australia 08:37 Morocco prepares $2 billion budget increase to contain price pressures 08:30 Taiwan reaffirms its independent status after Trump’s warning 08:30 Morocco turns argan waste into sustainable building insulation materials 08:16 Morocco’s national security expands modernization drive at 70th anniversary 08:15 Chinese officials meet Citigroup and Goldman sachs executives in Beijing 08:01 Morocco opens month long voter registration drive before September election 08:00 FIFA and Iranian Football officials to hold talks over 2026 World Cup participation 17:00 Moroccan tomato exports to Finland reach record high level 16:45 Masai Ujiri praises Morocco as a continental leader in sports investment 16:30 UK warns firms to prepare for risks from frontier Ai models 16:27 Morocco coastal fishing value rises despite lower catches 16:15 Leftist Sanchez advances to Peru presidential runoff after extended vote count 16:08 Morocco ceramic industry pact aims to restructure sector 16:00 Denmark investigates whether dead whale is Germany’s rescued humpback “Timmy” 15:52 Rabat region health group aims to improve care coordination 15:47 Calls grow for US designation of polisario as terrorist group 15:45 Panama Canal rules out shipping restrictions despite drought concerns for 2026 15:30 Hiscox shares surge on reports of possible acquisition interest 15:25 As Eid al Adha approaches casablanca food prices show mixed movement 15:17 Mehdi Tazi elected to lead Moroccan employers confederation 15:15 Venezuela launches major debt restructuring amid economic challenges 15:00 Prediction markets face growing scrutiny over suspicious trading activity 14:59 BCP Group's private bank launches new brand identity and expands across Morocco 14:45 Tech CEOs called to capitol hill for major senate hearing 14:40 Microsoft cancels Claude Code licenses and shifts developers to Copilot CLI 14:30 Starbucks cuts corporate jobs and restructures regional offices in the United States 14:22 Dongfeng expands presence in Morocco with Casablanca showroom opening 14:15 German Chancellor Merz questions opportunities in the United States 14:10 Gold hits one week low as oil inflation fears weigh on metals 14:00 Private credit funds face pressure amid market uncertainty 13:45 OFPPT board approves the 2026 action plan 13:42 Rachid Ellouah wins Spanish arm wrestling title and targets world stage 13:33 Figure AI robots exceed 24 hours of warehouse operation test 13:30 UAE speeds up pipeline project to bypass the Strait of Hormuz 13:15 India-UK trade deal faces steel dispute before implementation

Daily Press Review - Tuesday, April 16, 2024

Tuesday 16 April 2024 - 14:00
Daily Press Review - Tuesday, April 16, 2024

Livestock Crisis in Morocco: Soaring Prices and Threat to Eid al-Adha

Concerns escalate among Moroccans as Eid al-Adha approaches, amidst the challenging circumstances facing the livestock sector. Persistent drought and skyrocketing prices of livestock feed severely weaken the industry.

Livestock are hard hit by the lack of grazing lands, water, and food. Farmers, burdened by unsustainable costs, are forced to sell their livestock at reduced prices, thereby threatening the supply for the festival.

The surge in livestock prices is already evident in slaughterhouses, where the price per kilogram of red meat exceeds 100 dirhams. This chaotic situation sparks concern among professionals, who fear a shortage of sheep for Eid.

The activation of subsidies for sheep importation proves inadequate to bridge the deficit. More structural measures and substantial support for farmers are deemed essential to pull the sector out of this crisis and ensure a stable supply of red meat.

Source: AL Bayane

A 100-Kilometer Forest Belt Along the Atlantic Coast to Combat Climate Change

Participants at the third International Tree Forum, which concluded in Marrakech on Sunday, called for the establishment of a 100-kilometer-wide forest belt along the entire Moroccan Atlantic coast. This ambitious project aims to expand existing forest areas, create agro-sylvo-pastoral farms adapted to local climatic conditions, and promote forest-related craftsmanship.

The forest belt also aims to capture moist oceanic winds to encourage precipitation and create millions of jobs. These recommendations were outlined in a final declaration adopted at the end of the three-day forum, organized by the Trees, Sciences, and Tradition Association (ASET), the Averroes Foundation, and the Ibn Al Baytar Association, with the support of the Cadi Ayyad University of Marrakech (UCA) and the Mohammed V University of Rabat.

Forum participants emphasized the urgent need to combat climate change and its detrimental effects on the environment and populations. They also stressed the importance of forests for biodiversity preservation, soil erosion control, and climate regulation.

Source: AL Bayane

American Aerospace Giants Establish Presence in Casablanca

Three American aerospace giants, Kansas Modification Center, LLC (KMC), Stratos Industries, and Integrated Aerospace Alliance, LLC (IAA), announced today the creation of a joint venture for converting Boeing 777-300ER passenger aircraft into freighters. This new zone will be established at the Mohammed V International Airport in Casablanca, Morocco.

This partnership aims to combine KMC's expertise in engineering and certification with Stratos' production capabilities and IAA's experience in aerospace program management. The goal is to meet the growing demand for 777-300ER conversions to freighters, particularly from Europe, the Middle East, and Asia.

The project will include the construction of three wide-body aircraft hangars at Casablanca Airport, allowing KMC to increase its 777-300ER P2F production capacity to eight aircraft per year. A wide-body aircraft painting hangar will also be constructed and operated by a strategic partner of Stratos.

Source: Aujourd'hui le Maroc

FRMF Launches Construction of Federal Football Training Center in Casablanca

The Royal Moroccan Football Federation (FRMF) announced today the commencement of construction on a Federal Football Training Center in Casablanca. This new center, covering an area of 16,000 square meters and accommodating 160 beds, will enhance Morocco's football infrastructure and contribute to the training of the next generation of Moroccan players.

The Casablanca Federal Football Training Center will feature state-of-the-art facilities, including football fields, a gymnasium, a swimming pool, and a medical center. The center will also offer comprehensive training programs for young players, supervised by qualified coaches.

Source: Aujourd'hui le Maroc

Explosion of Electronic Waste: Morocco Generates 177 Million kg Annually

Global electronic waste production has exploded, reaching 62 million tons in 2022, an 82% increase since 2010, according to a new report from the United Nations Institute for Training and Research (UNITAR) and the International Telecommunication Union (ITU). Each person generates an average of 7.8 kilograms of electronic waste per year.

Morocco is not exempt from this phenomenon. According to the report, the country produced 177 million kilograms of electronic waste in 2022, equivalent to 4.8 kilograms per capita. This figure is well below the European average (18 kilograms per capita), but it remains concerning.

Electronic waste contains hazardous substances for the environment and human health, such as lead, mercury, and cadmium. If not properly treated, these waste materials can pollute soils and waters and cause health problems for local populations.

The situation is particularly critical in developing countries, where recycling infrastructure is severely lacking. In Africa, recycling and collection rates do not exceed 1%, compared to 40% in Europe.

Source: Aujourd'hui le Maroc

HCP Initiates Overhaul of National Employment Survey

The High Commission for Planning (HCP) announced on Monday the launch of the overhaul process for its National Employment Survey, which constitutes a fundamental pillar for collecting information on the labor market in Morocco.

This initiative stems from the HCP's belief in the relevance of adapting its labor market observation system and its commitment to regularly ensuring compliance with international standards governed by the International Labor Organization (ILO), the High Commission said in a statement.

Given the profound changes occurring in the labor market, accentuated by the digital revolution, as well as the socio-economic dynamics in which Morocco is engaged, it has become imperative to adapt measurement and monitoring tools to the socio-economic reality of our country, of which the labor market is a key component. Thus, the overhaul process will focus on revising the conceptual framework, sampling methodology, and thematic coverage, particularly aiming to understand the rapid transformations in the work environment accentuated by the digital revolution, its impacts on the future of the labor market, and monitoring the dynamics of new forms of employment.

Source: Le Matin du Sahara

Red Meat Prices Soar, Little Hope of Seeing Them Ease 

Red meat prices continue to soar since the end of the Ramadan month. Thus, the price per kilogram of beef has reached 100 dirhams in butchers, while that of lamb has crossed the 120 dirhams mark. An unprecedented increase due to several factors, according to the president of the National Association of Wholesale Red Meat Sellers, Abdelali Ramou.

Among these factors is the drastic reduction in livestock, particularly cattle, due to successive years of drought and the imbalance between supply and demand following the decline in purchasing power, he explains.

Source: Le Matin du Sahara

Insights into the 18th Congress of the Istiqlal Party: Unveiling the Framework and Behind-the-Scenes

The countdown to the 18th general congress of the Istiqlal Party begins. The preparatory commission met on Sunday in the presence of all its members and the Secretary-General of the Istiqlal Party, Nizar Baraka, who is running for re-election. The Commission unanimously adopted the congress slogan, which will be held under the theme: "Renewal of the Pact for the Homeland and the Citizen."

The Commission also set the number of congress delegates at 3600. It also opened nominations for the party's Executive Committee, which must be submitted 72 hours before the start of the general congress, scheduled from April 26 to 28. The renewal of the Executive Committee is of great importance as it is a decisive body in the stability and implementation of the party's strategy.

Source: L'Opinion

Maritime Transport: Regionalization of Logistics Chains Benefits Tanger Med

The Customs Administration announced that, as of April 15, it has opened its counters 24/7 at Tanger Med. Freight forwarders, shippers, and shipowners welcome a measure they have long awaited, which should enhance the competitiveness of the port platform. "This measure aims to enhance the smoothness of customs clearance operations and reduce customs clearance times to support exporters' competitiveness while contributing to improving the productivity of international transport operators," the customs stated in its communication. In order to successfully implement this reorganization, it asserts that it has "taken all necessary measures in terms of strengthening and mobilizing its workforce."

Source: Les Inspirations éco


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